Skylark Minerals Limited · ASX:SKM
Skylark Minerals — Ironbark Gold — Investor Presentation (May 2009)
18 slides from Skylark Minerals's investor presentation, May 2009
Slide 1: Ironbark May 2009 Presentation
IRONBARK MAY 2009 PRESENTATION Focused on zinc development
Slide 2: Disclaimer
Disclaimer The following information is for shareholders and not intended to guide any investment decisions in Ironbark Gold Limited (Ironbark). This material contains certain forecasts and forward-looking information, including possible or assumed future performance, costs, production levels or rat
Slide 3: Directors' & Management
Directors’ & Management Peter Duncombe Bennetto - Chairman Banking & Finance Jonathan Charles Downes - Managing Director Geologist Adrian Paul Byass - Technical Director Geologist Gregory Clyde Campbell – Engineering Director Process Engineer David Kelly - Non Executive Director & Glencore Represent
Slide 4: Major Shareholders
Major Shareholders Holder Name Number Held Percentage Singpac Investment Holding PTE 1 42,110,593 19.80 (Glencore International AG) 2 Bedford Resources Holdings 21,787,340 10.24 3 Cangu Pty Ltd 8,000,000 3.76 4 Kale Capital Corp 7,654,954 3.69 5 Ms Megan Roberts 7,500,000 3.53 6 Ms Katrina Downes 7,
Slide 5: Secure & Supportive Tenure
Secure & Supportive Tenure Geologically Prospective Home Rule – Danish/Greenland Government – negligible sovereign risk Exploration Licence to Exploitation Licence BMP exceptionally supportive – looking to minerals and petroleum to support move to Independence Adjacent to deep, protected w
Slide 6: Citronen JORC Compliant Resource
Citronen JORC Compliant Resource* +10 Billion pounds of zinc (Zn) and lead (Pb) Medium Grade - 56.0Mt @ 6.1% Zn + Pb at a 3.5% Zn cut-off Including High-grade - 22.6Mt @ 8.2% Zn + Pb at a 5% Zn cut-off (greater than 50% indicated) Within a: Global Resource - 101.7Mt @ 4.7% Zn + Pb at a 2% Zn cut-off
Slide 7: Citronen Drilling and Resources 2008
if Citronen Drilling and Resources 2008 Me Resources ee using 3.5% Zn cutoff ESRUM 20Mt @ 6.0% Zn+Pb BEACH LEVEL 1 17Mt @ 7.1% Zn+Pb BEACH LEVEL 2 10Mt @ 5.5% Zn+Pb DISCOVERY 9Mt @ 5.5% Zn+Pb Global Resource 2008 Resource (Indicated and Inferred) S6Mt @ 6.1% Zn+Pb (using 3.5% Zn cutoff) within 101Mt
Slide 8: High grade and continuous ore zones allow low cost mining techniques
High grade and continuous ore zones allow low cost mining techniques
Slide 9: Targeting 20Mt at 12% Zn+Pb Mill Feed
Targeting 20Mt at 12% Zn+Pb Mill Feed •Massive Resource Inventory - hosts high grade, shallow and continuous zones •Mine planning underway •Combination open cut and underground mining methods •1,2 and 3Mtpa mining scenarios under evaluation
Slide 10: Processing Breakthrough ~ 100% ore upgrade
Processing Breakthrough ~ 100% ore upgrade Simple gravity sorting (DMS) removes barren material from heavy ore
Slide 11: Excellent metallurgical characteristics
Excellent metallurgical characteristics •+50% Zn concentrate with +85% recovery after first pass work •Saleable to a wide range of smelters Ironbark zinc concentrate
Slide 12: Production Advantages
Production Advantages • Ore can be upgraded 100% cheaply using gravity sorting (DMS) • Potential 20Mt @ +12% Zn+Pb mill feed using DMS from 56Mt @ 6.1% Zn+Pb resource base • Upgrading ore reduces the capital costs by reducing the plant size, tailings requirements, power requirements etc • Targeting
Slide 13: Mineable Resource
Mineable Resource L3: 2OMt @ 6% Zn/Pb pre-DMS treatment a / LEGEND Haul drive/development Potential open pit location Resource blocks in indicative mine plan at minimum 4m high block at +4% Zn Resource blocks in indicative mine plan at +7% Zn 482,000mE Indicative Mine Plan | Mineable Resource L2: 17
Slide 14: Moving Towards Development
Moving Towards Development Conceptual Plant & Mine Plan 2008 Design input from Ausenco, SRK, Golders, Westmar - to be updated
Slide 15: Life of Mine – Financial Statistics
Life of Mine – Financial Statistics USD/lb payable Zn 1Mtpa 2Mtpa 3Mtpa Ore Mining $0.14 $0.15 $0.16 Other Mining Activities $0.06 $0.06 $0.06 DMS $0.01 $0.01 $0.01 Power (surface) $0.04 $0.04 $0.04 Reagents $0.01 $0.01 $0.02 Other Processing Costs $0.05 $0.05 $0.06 Admin & Others $0.01 $0.01 $0.01
Slide 16: Exploration Targets
Exploration Targets First mover advantage Numerous large exploration targets – almost every drill hole is mineralised Defined ore bodies are open ended SEDEX deposits occur in cluster 100% owned exploration licenses’ over 2,500 km2 of prospective area
Slide 17: Ironbark drilling - 2008
Ironbark drilling - 2008
Slide 18: Ironbark - becoming a major base metal miner
Ironbark - becoming a major base metal miner The information in this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr A Byass, B.Sc Hons(Geol), Hons(Geol), B.Econ, FSEG, MAIG an employee of Ironbark Gold Limited. Mr Byass has